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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,500 1 2,000 2 2,400 3 1,200 4
| What is the payback period for the following set of cash flows? |
| Year | Cash Flow |
| 0 | $ 4,500 |
| 1 | 2,000 |
| 2 | 2,400 |
| 3 | 1,200 |
| 4 | 2,900 |
2.10 years
2.08 years
2.38 years
2.03 years
2.19 years
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
1506326846, 9781506326863, 1506326862, 978-1506326849
